Korean financial firms face growing risks in overseas property investments

South Korea’s financial institutions are increasingly at risk of their overseas real estate investments turning sour, government data showed o...

TVing beefs up sports content, narrowing gap with Netflix

TVing, a South Korean over-the-top (OTT) platform, is beefing up its live sports programming and TV series featuring baseball players to catch up to...

SK Group may beef up reform drive after CEO seminar

South Korea’s energy-to-telecom conglomerate SK Group will hold an annual strategic meeting presided over by its Chairman Chey Tae-won from Oc...

CJ Group explores Saudi Arabia's entertainment potential

CJ Group, South Korea’s food-to-entertainment giant, is exploring business opportunities in Saudi Arabia's entertainment and logistics sectors...

E-Mart, CJ CheilJedang to beef up strategic partnership

CJ CheilJedang Corp., South Korea’s largest food company, said on Wednesday it will increase the number of food products exclusively launched ...

T'way Air, CJ CheilJedang to collaborate on in-flight meals

South Korea's low-cost carrier T'way Air Co. announced on Monday that it signed a memorandum of understanding (MOU) with CJ CheilJedang Corp. on May...

CS Wind eyes $2.2 bn sales in 2024 with Bladt

CS Wind Corp., a South Korean wind turbine tower manufacturer, expects its sales next year to double from last year’s to reach about 3 trillio...

S.Korea exports Hanwoo beef to Cambodia for 1st time

The premium Korean beef Hanwoo was exported to Cambodia on Monday for the first time, marking the culmination of eight years of quarantine negotiati...

Samsung’s tie-up with VMware to strengthen SSD competitiveness

LAS VEGAS – Samsung Electronics Co. has partnered with US cloud software provider VMware Inc. to strengthen its competitiveness in the next-ge...

S.Korea exports halal-certified beef to Malaysia for 1st time

Halal-certified premium Korean beef Hanwoo was exported to Malaysia on Thursday, marking the culmination of seven years of quarantine negotiations f...

Samsung on smooth track to 1.4 nm foundry tech to take on TSMC

SILICON VALLEY  – Samsung Electronics Co., the world’s largest memory chipmaker, on Tuesday unveiled details of its advanced proces...

S.Korea's ToolGen develops gene-edited cow for artificial blood

South Korean genome editing developer ToolGen Inc. has teamed up with Lartbio Technology, a Seoul-based transgenic animal development company, to de...

S.Korea’s Hanwha Securities to acquire Ciptadana in Indonesia

Hanwha Investment & Securities announced on Thursday that it has decided to acquire Indonesia's Ciptadana Securities and Ciptadana Asset Managem...

Hyundai doubles down on green bus push against Chinese ascent

Hyundai Motor Co. is expected to start remodeling its conventional bus production facility at home this fall to ramp up zero-emission and low-floor ...

K-beef targets global halal market through exports to Malaysia

Korean beef is making its entry into the global halal food market, starting with Malaysia. South Korean Ministry of Agriculture, Food and Rural Affa...

South Korean beef poised for export to Malaysia by end-April

South Korea's Ministry of Agriculture, Food and Rural Affairs announced on Tuesday the successful conclusion of negotiations with Malaysia, allowing...

CJ Logistics opens office in Poland to beef up European business

CJ Logistics said on Tuesday that it has opened an office in Wroclaw, Poland’s largest industrial city located in the southwest, as part of th...

LG Chem invests $75 million in Piedmont Lithium, signs supply deal

LG Chem Ltd., South Korea’s largest chemicals maker, said on Friday it is acquiring a 6% stake in Piedmont Lithium Inc., a US mining company, ...

LG Uplus to invest $77.3 million annually against data theft

South Korea’s third-largest mobile carrier LG Uplus Corp. will spend 100 billion won ($77.3 million) a year to enhance data security about a m...

Lotteria launches renewed soybean-based meat burger

Lotteria, South Korea's fast food franchise run by Lotte GRS, launched "Ria Miracle Burger II" with 100% plant-based patties using soy protein.It is...

Samsung Electronics launches newsrooms in Swedish, Norwegian

Samsung Electronics Co., the world's largest memory chipmaker and major mobile device manufacturer, opened online newsrooms in Sweden and Norway, it...

Coupang launches Rocket Fashion Growth division to beef up fashion retail

Coupang, Inc. recently established the Rocket Growth Fashion division, according to industry insiders on Monday. As the name suggests, the team...

Samsung’s Lee, SoftBank’s Son to discuss partnership on ARM

Samsung Electronics Co. Vice Chairman Jay Y. Lee will meet with Japan’s SoftBank Group Chairman Masayoshi Son next month to discuss a deal reg...

Biden’s move to beef up US bio industry poses threat to Korean firms

President Joe Biden’s plan to support the US biomanufacturing infrastructure aimed at containing China’s clout is posing a threat to Sou...

Lotte Card draws bid from Hana as key candidates back off

South Korea's Lotte Card Co. has drawn preliminary bids from Hana Financial Group, a leading banking group in the country, and two to three unidenti...

LG Display set to benefit from post-pandemic automotive display boom

The rapid growth of the electric vehicle market and the advance of autonomous driving technology is providing a silver lining for automotive display...

Shinsegae to launch wholly owned US subsidiary on alternative meat

Shinsegae Food Inc. announced Thursday it will launch its US subsidiary focused on alternative meat. The food arm of Shinsegae Inc. will inject...

LG stands out among conglomerates in race to strengthen robotics arms

South Korean conglomerates are rushing to nurture their robotics businesses, encouraged by surging demand for robots in the service industry.LG Elec...

KT beefs up services for foreigners as travel bans ease

South Korea’s leading telecom operator KT Corp. will offer a broader range of services for foreign subscribers ahead of an expected surge in f...

CJ to beef up content, K-food sector with $9.7 billion investment

South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ Cheiljedang Corp. and entertainment giant CJ E...